What are the responsibilities and job description for the Mortgage Loss Mitigation Specialist position at Cadence Bank?
What The Role Is:
Foreclosure prevention for mortgagor's and to mitigate the loss to insured investors.
How You will Make an Impact:
- Solicit delinquent and problem loans for loss mitigation.
- Conduct phone and face to face interviews with borrowers for loss mitigation processes.
- Send and process incoming borrower response packets.
- Counsel borrowers about various loan programs and help them to select the program that best fits their financial goals and needs.
- Assist the loss mitigation staff in gathering necessary documents from the borrower.
- Work closely with staff from Fannie Mae, FHA, VA, USDA and all other agencies as required.
- Provide and maintain a professional business like atmosphere within the organization and represent the financial institution to the investors and government agencies
Who You Are:
- Have a good understanding of loss mitigation
- Work well under stress and able to meet deadlines
- Must be able to work independently under pressure
- Must be detailed oriented and able to follow set guidelines
- Excellent written and verbal communications skills
- Understanding of excel spreadsheets, word and basic computer skills
- Regular and reliable attendance
- Works cooperatively with others
If your experience aligns with this description, please consider applying. Many skills are transferable among industries and a passion for the role and willingness to learn are important considerations. We believe that a diverse workforce creates problem-solving and creative thinking, which is why we're dedicated to adding new perspectives to the team and encourage everyone to apply.
The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.
Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
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We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.